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Bitcoin => Press => Topic started by: aliceHortrex on May 28, 2014, 01:48:29 PM



Title: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: aliceHortrex on May 28, 2014, 01:48:29 PM
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts (http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts)

Quote
In an exclusive to CoinTelegraph, 58 high-flyers from the Bitcoin community attending Amsterdam Bitcoin2014, predict where Bitcoin will be on Christmas day 2014. While some experts compared the task to attempting to forecast the weather on Christmas day the time of year gives us a pretty good indication what the weather will be doing, and the predictions of some of our experts make a lot of sense given the current Bitcoin climate.

http://cointelegraph.com/storage/resizer/resize_url/780/?url=http://cointelegraph.com/storage/uploads/view/1840


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: BenTuras on May 28, 2014, 01:55:49 PM
How will they call the bot this time ?
hint: Willy and Markus have already been used...


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: hilariousandco on May 28, 2014, 02:38:17 PM
Ha, I think this thread should be moved to speculation. 'Experts' or not, at least they admit it's virtually unpredictable so it's redundant really (as speculating on the price always is).


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: Bit_Happy on May 28, 2014, 06:39:26 PM
They are too conservative, BTC has a great chance to hit $3,400 by late this year.  :)
Still it's nice to see "experts" finding such high value in Bitcoin.


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: Lethn on May 28, 2014, 06:41:20 PM
Conservative estimates are always the best way to go, even pessimistic, especially when it comes to spending and profit outlook because if you constantly make almost arrogant statements about how high something is going to go you're going to get a nasty shock further on in the year and people won't trust you as well.


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: smoothie on May 28, 2014, 07:50:35 PM
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts (http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts)

Quote
In an exclusive to CoinTelegraph, 58 high-flyers from the Bitcoin community attending Amsterdam Bitcoin2014, predict where Bitcoin will be on Christmas day 2014. While some experts compared the task to attempting to forecast the weather on Christmas day the time of year gives us a pretty good indication what the weather will be doing, and the predictions of some of our experts make a lot of sense given the current Bitcoin climate.

http://cointelegraph.com/storage/resizer/resize_url/780/?url=http://cointelegraph.com/storage/uploads/view/1840

The dollar lost that fight a long time ago. Not an issue anymore.


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: Chef Ramsay on May 28, 2014, 11:16:36 PM
Yeah, $2k is an easy and safe low ball figure which won't threaten anyone's credibility. But, I have a line into the whale community that is calling for $4k-ish and the height of the next bubble. The bottom line is, nobody really knows but passed trends indicate a rise into the ballpark in the not too distant future. The shelling out of ATMs, the extra startups popping up in the crypto community and the media attention + institutional investment additions to the ecosystem makes it hard to not envision the repeated rise of the price as BTC's utility becomes a highly valued commodity.


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: LiteCoinGuy on May 28, 2014, 11:35:06 PM
or the 20 USD mark  ;)


Title: Re: [2014-05-28] BTC to break $2,000 mark by Christmas Experts
Post by: Bit_Happy on May 29, 2014, 12:01:20 PM
or the 20 USD mark  ;)

Even at $20/btc a surprising number of people would still be panic selling, similar to when BTC hit $1.9996 at the bottom of the first big Bear.
Fortunately, we (probably) will not need to ever go through seeing the price below $200/$300/$400 ever again.